Keystone Funding · New Jersey · 2025

Keystone Funding in New Jersey: approval rate, denial rate and rates (2025)

Keystone Funding took 228 mortgage applications in New Jersey in 2025, ranking #188 of 883 lenders active in the state. It originated 75.0% of them and denied 8.3% (8.3% of the applications it decided), against a statewide denial rate of 17.7%.

228Applicationsin NJ
8.3%Decision denial ratestate 23.1%
6.50%Median ratestate 6.75%
$415,000Median loanstate $295,000
$74MVolume21 counties

Keystone Funding in New Jersey vs the state

8.3%Denial rate-9.36 pts vs state
8.3%Decision denial rate-14.72 pts vs state
75.0%Origination rate+19.32 pts vs state
6.50%Median rate-0.25 pts vs state
0.10Rate spread (pts)-0.18 pts vs state
$140kMedian applicant income
171Loans originated
19Denied

Trend in New Jersey

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233392285.0%6.50%#123
20242311747.4%6.63%#180
20252281718.3%6.50%#188

What Keystone Funding lends in New Jersey

By loan purpose

Home purchase 194 85% · 8.3% denied
Refinance 16 7% · 0.0% denied
Cash-out refinance 18 8% · 16.7% denied

By loan type

Conventional 174 76% · 5.2% denied
FHA 42 18% · 23.8% denied
VA 11 5% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied New Jersey applicants

Debt-to-income ratio 7 37%
Collateral 5 26%
Unverifiable information 3 16%
Credit history 2 11%
Employment history 1 5%
Other 1 5%

Where in New Jersey

Counties with the most Keystone Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Camden County 35283 8.6%
Gloucester County 32252 6.3%
Union County 17103 17.6%
Somerset County 16150 0.0%
Essex County 1582 13.3%
Burlington County 14112 14.3%
Middlesex County 12110 0.0%
Ocean County 1272 16.7%
Morris County 1170 0.0%
Monmouth County 1080 0.0%

Other large lenders in New Jersey

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,33916.1%6.75%
TD BankD 12,53226.2%7.49%
Bank of AmericaF 12,14230.6%6.00%
Citizens BankC 12,11328.9%7.40%
Crosscountry MortgageB 12,0425.3%6.75%
PNC BankD 10,81527.8%7.75%
United Shore Financial ServicesB 10,55215.3%6.38%
Guaranteed RateB 8,6435.5%6.58%
NewrezD 6,53522.5%6.99%
Loandepot.ComD 6,49115.3%6.63%

Frequently asked questions

New Jersey: 228 applications in 2025, of which 171 were originated and 19 denied.

8.3% of all applications, or 8.3% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

The median rate on loans Keystone Funding originated in New Jersey in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Keystone Funding's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology